Mitsubishi UFJ: Expects the US dollar to continue weakening by about 5% in 2026

robot
Abstract generation in progress

According to ChainCatcher news, as reported by Jin10, Derek Halpenny, the head of forex research at Mitsubishi UFJ, pointed out that the US dollar may continue to depreciate in 2026, but the decline will be more moderate than this year. He emphasized that the dollar has peaked and is at the beginning of a multi-year downtrend. The dollar index is expected to fall by about 5% in 2026, which aligns with the outlook for the euro to rise to 1.24 against the dollar. The main factor driving the dollar's weakness is the divergence in monetary policy: the Fed is expected to implement three to four more rate cuts in 2026, while the European Central Bank may keep interest rates unchanged.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)